secwatch.observer — SEC 8-K summary
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Issuer:     DYNEX CAPITAL INC (DX)
CIK:        0000826675
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000826675-22-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynex Capital Q4 comprehensive loss $0.04/shr; full year income $0.53/shr; BV $17.99
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- Q4 comprehensive loss of $(0.04) per share vs Q3 income of $0.09; full year comprehensive income $0.53 per share.
- Earnings available for distribution (EAD) $0.45/shr in Q4, $1.97/shr for 2021; dividend declared $0.39/shr.
- Book value per share $17.99 at Dec 31, 2021, down $0.43 from Sept 30; estimated unchanged as of Jan 31, 2022.
- Raised $236.8M net equity in 2021 via ATM and offerings; leverage 5.8x equity, down from 6.3x year-end 2020.
- Net interest spread widened to 2.00% for 2021 from 1.77% in 2020; purchased $486.8M Agency RMBS pools vs TBAs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826675/000082667522000002/0000826675-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826675/000082667522000002/dx-20220203.htm
  HTML page:      https://secwatch.observer/filing/0000826675-22-000002

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